408, Yacht Bay
Sold prices and rental history: sold once, by the developer in August 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Yacht Bay
What is 408 worth today?
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Source: Dubai Land Department. Updated 10 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,382 sqft
- Floor
- 4th of 16
- Parking
- B2-02
- Developer
- Select Global Development
- Completed
- 2007
- Service charge
- AED 26,700 /yr
- Last sold
- AED 1.18M · August 2008
- Building
- Yacht Bay
About 408, Yacht Bay
408 is a two-bedroom apartment of 1,382 sqft on the 4th floor of Yacht Bay, a 16-storey tower in Dubai Marina completed in 2007 by Select Global Development. The developer sold it on 6 August 2008 for AED 1,176,531, or AED 851 per sqft, in line with the AED 851 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 10 September 2024, is AED 142,000 a year: a gross yield of 12.1% on the 2008 price, before the service charge of about AED 26,700 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Yacht Bay, and where 408 sits
All 77 2-beds →408 last sold in August 2008 at AED 851 per sqft, in line with what two-beds in Yacht Bay were fetching at the time (AED 851). Over the last 12 months two-beds sold for AED 1,575,000 to 2,050,000, around AED 1,374 per sqft, and rent for AED 99,225 to 160,000 a year. 408's AED 142,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Aug 202627 August 2026 | 1,382 sqft | 1,900,000 | 1,374 | ||
| 7 Aug 20267 August 2026 | 1,382 sqft | 1,720,000 | 1,244 | ||
| 7 May 20267 May 2026 | 1,173 sqft | 1,875,000 | 1,598 | ||
| 14 Apr 202614 April 2026 | 1,382 sqft | 1,930,000 | 1,396 |
Yacht Bay
Building174 apartments, studios to 3-bed over 16 floors in Dubai Marina, completed in 2007 by Select Global Development. 14 sold in the last 12 months.
- Typical price per sqft
- AED 1,401 Down 14.6%
- Typical sale
- AED 1.8M
- Typical rent
- AED 80K /yr
- Typical yield
- 7.5%
Other units on the 4th floor
All 174 units in Yacht Bay| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 305 sqft | AED 170KAED 170,000 · Jun 2025June 2025 | 75,000 /yr | |
| 402 | Studio | 554 sqft | AED 675KAED 675,000 · Sep 2018September 2018 | 61,500 /yr | |
| 403 | Studio | 546 sqft | AED 450KAED 449,631 · Aug 2008August 2008 | 54,000 /yr | |
| 404 | Studio | 460 sqft | AED 370KAED 369,720 · Dec 2010December 2010 | 60,000 /yr | |
| 405 | 1-bed | 746 sqft | AED 1.15MAED 1,150,000 · Nov 2023November 2023 | 70,000 /yr | |
| 406 | 1-bed | 801 sqft | AED 638KAED 637,530 · Jul 2009July 2009 | 78,500 /yr | |
| 407 | 2-bed | 1,558 sqft | AED 1.45MAED 1,450,000 · Oct 2018October 2018 | 120,000 /yr | |
| 409 | 2-bed | 1,216 sqft | AED 780KAED 780,000 · Apr 2021April 2021 | 120,000 /yr | |
| 410 | 2-bed | 1,226 sqft | AED 1.55MAED 1,550,000 · Oct 2023October 2023 | 132,000 /yr | |
| 411 | 2-bed | 1,202 sqft | AED 1.05MAED 1,050,000 · Sep 2021September 2021 | 80,000 /yr |
408, Yacht Bay in numbers
- Sold once: by Select Global Development on 6 August 2008 for AED 1,176,531, or AED 851 per sqft.
- Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 130,000 to AED 110,000 in 2018 and recovered to AED 142,000 by September 2024.
- At AED 142,000 a year the gross yield on the 2008 price is 12.1%, before a service charge of about AED 26,700 a year (AED 19.34 per sqft).
- Two-beds in Yacht Bay sold for AED 1,575,000–2,050,000 in the 12 months to November 2026; the building's median across all types is AED 1,401 per sqft.
Source: Dubai Land Department. Updated 10 September 2024.
Questions about 408, Yacht Bay
What did unit 408 last sell for?
AED 1,176,531 on 6 August 2008, sold by the developer: AED 851 per sqft for 1,382 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 142,000 a year on the contract renewed on 10 September 2024. The previous contract, from September 2024, was AED 142,000; the unit has been rented since June 2013.
How big is unit 408?
1,382 sqft (128.4 sqm): a two-bedroom apartment on the 4th floor of a 16-storey tower completed in 2007.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Yacht Bay sold for AED 1,575,000 to 2,050,000 in the last 12 months, around AED 1,374 per sqft.
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Mortgage on 408, Yacht Bay
Starts from the last sale price (AED 1.18M, 6 August 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,176,531
- Deposit, UAE resident (20%)
- AED 235,306
- Deposit, non-resident (40%)
- AED 470,612
- Monthly over 25 years at 3.7%
- AED 4,814
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →